Oracle beats Microsoft in deal for TikTok’s U.S. operations

Oracle beats Microsoft in deal for TikTok’s U.S. operations

Oracle Corp. edged out rival Microsoft Corp. in negotiations over the weekend for the U.S. operations of TikTok, moving closer toward a deal for the Chinese-owned music-video app that could thwart a threat by U.S. by President Donald Trump to shut it down. A deal between TikTok owner ByteDance Ltd. and Oracle will look more […]

TikTok picks Oracle over Microsoft in Trump-forced sales bid

TikTok picks Oracle over Microsoft in Trump-forced sales bid

The owner of TikTok has chosen Oracle over Microsoft as the American tech partner that could help keep the popular video-sharing app running in the U.S., according to a source familiar with the deal who was not authorized to speak publicly about it. Microsoft announced Sunday that its bid to acquire TikTok’s U.S. operations was […]